WELLINGTON STOCK EXCHANGE.

Manawatu Standard, Volume LIII, Issue 266, 7 October 1933, Page 5

WELLINGTON STOCK EXCHANGE.

YESTERDAY’S BUSINESS AND PRICES. A strong recovery in Bank of New Zealand shares was the main feature of the Wellington stock and sharo market ycsterday. Following four sales late on Thursday at 48s, business was done yesterday, at 48s lid up to 48s 6d. Last week the shares were traded at 45s up to 46e J-sd, business opening last Monday at 465. Late buyers yesterday were quoting 48s Id, sellers holding for 48s 9d. There was little change in other bank shares. Australasias eased to £l2 10s, following payment ot the interim dividend. Now South Wales were 5s better at £34 ss, sellers asking £35, and E.S. and A’s firmed to £5 18s 6d. Government loans were again in strong demand, mostly at firmer rates, but sellers wore still hard to locate. Business was none m oi per cent, stock, 1939-43, at £IOO 7s 6d, and the 1939-52 maturity at £lOl 7s 6d, while the 4 per cents, 1949, sold on change at £lOl 15s. Local body and other debentures wore very lirm on a sustained demand, with practically no response, financial and pastoral shares were firm, and little quotablo change was seen in gas, insuranco and meat shares. Shipping snaies held their strength at Thursday s level. An active demand for breweries tended to firm prices. Carltons were 6d up'at 40s Od, and Now Zealands were better at sis yd. Little change was seen in miscellaneous shares. There was a slack demand for mining shares. YESTERDAY’S QUOTATIONS.

Yesterday’s buying and selling quotations on the Wellington Stock Exchange weie

LONDON STOCK EXCHANGE. LONDON, Oct. 5. The stock markets closed generally firm. British funds were strong, with war loan, 31 per cent., at £lOl 12s 6d. . German bonds were also higher. Kaffirs were weak. Tin shares -were buoyant. Internationals were firm. Bulolo Gold, 81s 10(d. DOLLAR CONVERSION RATES. The Associated Banks have agreed that the conversion rates from October 3 will be 1 —■ U.S.A. Canada. Conversion of dollar bills received for collection _ and sale of dollar drafts 4.68 4.77 Purchase of dollar bills ... 4.88 4.97 Those conversion rates are, _of courso, ascertained on a sterling basis (London funds), and therefore current rate of exchange New Zealasd on London will also be charged or allowed as the case may require. . GOLD AND SILVER. ; ; . LONDON, Oct. 5. Gold.—£6 13s 8(d, per ounce fine. Silver.—Cash, 18id -per ounce; forward, 18 5-Bd.

as follow: — Buyers. Sellers. N.Z. GOVT. LOANS- £ 6. d. £ s. a. 4 p.o. Bonds, 1940 . .101 2 6 — 4 p.c. ditto, 1946 .... .101 12 6 — 4 p.o. ditto, 1949 .... .101 15 0 — 0 4 p.c. ditto, 1955 .... .100 15 0101 0 3£ p.c. Ins. Stock, 0 1939-43 .100 5 — 3£ p.c. ditto, 1939-52 . .100 5 0 — ii p.c. ditto, 1938-43 . .100 2 6 — 3i p.c. ditto, 1958-52 . .101 5 0 — 4 p.c. ditto,. 1940 .... .101 5 0 — 0 4 p.c. ditto, 1946 .... .100 10 0101 0 4 p.c. ditto, 1949 .... .101 17 6 — 4 p.c. ditto, 1955 .... DEBENTURES — ,1(}0 12 ‘O Auck. City, 5£ p.c., 1944 Chch. City, 5£ p.c., .101 0 0 - .101 0 0 1944 Dunedin City, 5j p.c., .101 0 1944 0 Well. City, 5£ p.c., 1940 Well. Harb. Bd. 5£ p.c. .101 0 0 - ’.101 0 1940 0 1/12/1961 .101 0 0 102 1U 0 Well. Gas Co Well. Racing Club . BANKS- . 95 0 +12 10 0 Australasia 0 0 Comrcl. of Aust., ord. 0 lb 8 Eng., Scot, and Aust. 5 18 National of Australasia, 6 — lb New South Wales . . 34 5 0 35 0 0 New Zealand . 2 8 1 2 8 0 Ditto. "D” long term — 0 x Union of Aust . 10 5 1012 FINANCIAL— 0 Abraham and Williams — 0 3 u Dalgety and Co. ... . 10 11 Goldsbrough, Mort and Co 1 8 9 1 9 3 National Mortgage, “B” . 1 7 3 N Z Guarantee Corp. *0 8 0 0 ord., cum rights . 8 Ditto, pref N.Z Invest., Mort. . *0 19 . 0 3 9 Deposit N.Z. Loan and Merc. 3 0 ord. stock 68 1U Well. Invest., T. & A . 0 4 6 Well. Trust, Loan . . 4 0 0 Perpetual Trustees . Trustees’ Executors . . 2 10 0 . 2 11 6 GAS— Auckland D Christchurch, contnb. 0 13 8 Wellington, ord 1 13 ly 0 14 1 14 6 3 Ditto, pref INSURANCE— . x 1 . 0 18 National of N.Z 2 14 3 14 New Zealand . *3 13 9 9 meat preserving1 13 0 Gear Meat, cum rights N.Z. Rcfrig., £1 paid 0 19 7 Well. Meat Ex., pret. 0 16 3 transport— Huddart, Parker, pref. i a Union Steam, pref. ... 1 4 0 1 5 0 P and 0. del. stock 1 3 6 WOOLLEN— 5 15 0 0 . Wellington, ord COAL— . 0 13 Westport-Stockton, pref. . 0 1 8 - TIMBER— 0 BREWERIES— . 2 0 N.Z. Breweries Tooth and Co . 1 17 . 2 1 9 0 2 1 3 5 0 Staples and Co MISCELLANEOUS— . British Tobacco, Aust. 1 lb Colonial Sugar 58 16 9 0 6 1 17 59 10 '6 0 Ditto, pref. ••••■ . 1 0 9 Dunlop Perdnau .... . 0 18 Electro. Zinc, 8 P-<L . *1 14 0 _ Howard Smith, ord. . . 0 14 0 N.Z. Farmers’ Pertiliser . 0 15 6 0 - N.Z. Newspapers .... . 1 7 Prestige (N.Z.), Ltd., 1 2 0 Wilson Cement, ex. rights Dominion Fertiliser . . 1 4 . 0 13 0 3 1 5 0 Anthony Hordern and ■ 0 __ OIU- , . 0 1 8 _ 0 .0 2 0 Taranaki mining— . 0 15 0 0 Bell Hooper Ditto, fully paid .... 3 Big River . 0 1 6 0 1 9 Central Shotover . U U JLUg — 0 Consol, Goldfields . — U 1/ u u Gillespie’s Beach .... — 0 2 4 Golden Dawn Golden Sands 0 0 b King Solomon . 0 3 0 3 5 0 — 0 2 5 Mount Lyell . 1 4 0 — . 0 2 6 — . 0 10 7 0 11 0 . *1 6 0 1 7 0 Waihi Grand Junction — 0 4 7 Waitahu . 0 7 4 0 7 7 4 15 0 *Cum. dividend. +Ex. dividend